The latest edition of the Saudi Companies Law contains an expanded table of contents, index and a more modern translation. This is an indispensable text for anyone doing business in Saudi Arabia or who has Saudi Arabia in their business plans. No other edition is annotated and indexed. Saudi corporate issues arise on a daily basis and this book will help answer questions that otherwise would require extensive research.

A translation of Saudi Arabia's new, revamped Companies Law, announced in July, 2022 and effective as of January, 2023. This is the only English language version of the original Arabic text.

There is currently a debate in the Kingdom of Saudi Arabia is over how directors of publicly held companies can be held accountable. Before addressing this question, we should determine when it is that a director violates her or his duties. This study seeks to bring focus to the accountability system in Saudi Arabia. It investigates a legal defect in that system: the Saudi Companies Law incorporates standards of conduct but lacks standards of review. This study argues that although directors’ duties have been formulated so that there are areas left to be developed by courts, Saudi judges do not retain residual lawmaking powers which they could use to fill a regulatory vacuum. It builds upon empirical evidence to prove the underlying reasons that the context has changed, which ultimately has created the need to reform the Saudi fiduciary duties system. New cases in Saudi Arabia evoke some of the contours of Delaware corporate law. New cases have triggered standards of conduct violations that might be identical to fiduciary violations in Delaware. Therefore, this study proposes to transplant Delaware standards of review to Saudi Arabia. It argues that the contextual change in Saudi Arabia after the establishment of the Capital Market Authority would make this transplant more significant. Closer analysis suggests that both systems are consensus on the shareholder primacy model. This convergence on the shareholder model inevitably ensures a functional convergence in the long run.

Saudi Arabia Company Laws and Regulations Handbook - Strategic Information and Basic Laws

Now greatly expanded, with new sections covering the new Saudi mortgage law, dispute resolution and more!Doing business in Saudi Arabia can be perilous for the new enterprise but promises rich rewards. Those who wish to tap the commercial riches of doing business in the Kingdom of Saudi Arabia need this book. Unlike other books about doing business in the Kingdom, this practical guide will help you avoid the mistakes and pitfalls for the unwary. Among the topics covered are:Corporate FormationGovernment ContractsTort LawSaudi Powers of AttorneyBanking SystemIslamic FinancingOpening Bank AccountsCapital MarketsSecurities BusinessPrivate PlacementsForeign InvestmentImport StandardsCustomsContractor ClassificationTypes of Business EntitiesAgency and DistributionReal PropertyMortgage and Finance LawsConveyancingLiquidationLabor LawIntellectual PropertyTaxation (yes, there are taxes in Saudi Arabia)MiningE-Commerce and Data ProtectionWTO IssuesCorrupt PracticesDispute ResolutionThe New Saudi Arbitration Law...and more.Similar books sell for two or three times the price. Newly revised as of March, 2013, this book is an indispensable tool for any company seeking to open new business lines in the Kingdom.

Saudi Arabia has attracted investment from companies of all sizes-from closely-held companies to multinational conglomerates in the energy, defense, healthcare, finance and other sectors. What these companies have in common is a plethora of business opportunities, government contracts and widespread demand for goods and services. At the same time, doing business in Saudi Arabia can be riddled with challenges, including laws in a constant state of flux, the lack of binding judicial precedent and key regulations that remain unpublished. These challenges highlight the need for a clear guide that explains Saudi law not only as it is written, but also as it is applied. This need is fulfilled in the present volume. Beginning with a general introduction to Islamic law (Shariʿa), this Legal Guide outlines the many legal aspects of doing business in Saudi Arabia, from trade, agency and distribution to government tenders and procurement, labor law, mergers and acquisitions. The book, providing an overview of laws such as tax and privacy regulations applicable to all companies, concludes with a discussion of arbitration, litigation and other forms of dispute resolution available in Saudi Arabia.

Monograph explaining the current state of commercial law and business practice in the Kingdom of Saudi Arabia as well as the early laws of Islam. Tax and related laws are dealt with.

2011 Updated Reprint. Updated Annually. Saudi Arabia Company Laws and Regulations Handbook

After he shot off a man's face and beheaded a woman in Broward County, Florida, Carlos Stier started working as an informant for the Drug Enforcement Administration. His work led him to cross paths with another informant, Julio Diaz, a physician and Bay of Pigs veteran who had worked for both the FBI and CIA in matters deemed secret because they affect the security of the United States of America. ?The two undercover operations collided, and after the FBI claimed that Dr. Diaz' work was not authorized, an indictment followed.

The Best Edition on the market, now updated for 2019, this new version of the Saudi Companies Law contains the April, 2018 amendments as well as amendments to the Commercial Registration Law. For ease of use, article titles are given names. A full index completes the text to make the volume even more user-friendly. Used by practioners, businessmen and universities in Saudi Arabia, this annotated and indexed version of the Saudi Companies Law is the solution for quickly finding Saudi rules of corporate formation, rules for procedure and governance. Unlike any other version: to make it easier to find relevant articles or sections of the law, each article has been given a descriptive title. Along with an extensive Table of Contents and a comprehensive index, this edition of the Companies Law is an essential practice aid for anyone who does business in the Kingdom of Saudi Arabia. Join the numerous international and domestic law firms in Riyadh, Jeddah and Al-Khobar that have purchased copies for their organization. No text on the market comes close to the utility and ease of use of his version of the new Saudi Companies Law. There is no similar book on the market today. Every lawyer, corporate start-up, consulting firm, foreign investor and company formation service active in the Saudi market should keep a copy close by. The author, Michael O'Kane, has worked in the Kingdom for more than a decade as a legal consultant to the government and as a practicing attorney.